Miramar, Inc

question 77

Multiple Choice

Miramar, Inc. uses a weighted-average process costing system which recognizes normal spoilage as 5% of good output. During the current period, 14,000 units were started and 10,000 units completed. Materials are added at the beginning of the process, conversion costs occur uniformly, and the inspection point is at the 70% point. Beginning work in process was 6,000 units, 40% complete, and ending work in process 9,000 units, 80% complete. The cost per equivalent unit for material was $1.00 and for conversion costs $3.00.
The number of units in abnormal spoilage was:

• A) 500
• B) 50
• C) -0-
• D) 550

---

Definitions:

Pizzas

A popular dish of Italian origin consisting of a flat round base of dough baked with a topping of tomato sauce and cheese, typically with added meat, fish, or vegetables.

Black Beans

A type of legume that is widely consumed around the world, known for its nutritional value and versatility in various cuisines.

Bell Peppers

Edible fruits from the Capsicum genus, commonly used in cooking for their sweet and mild flavor.

Budget Constraint

A financial limitation representing the combination of goods and services that a consumer can afford with their available budget.